Webbing

Company Overview

Snapshot

Founded in May 2010, Webbing operates with 51–200 employees. The company was acquired by Wireless Logic Ltd in August 2023.

Business overview

Webbing provides global data connectivity solutions designed for high performance, network redundancy, low latency, and centralized and remote management. Its core technology ensures reliable and secure internet connections for IoT, mission-critical applications, and remote workforce management. The company serves diverse industries including medical devices, energy, and transportation, operating within the Business Software sector with a focus on IT & Network Management and IoT communications.

Strategic signal

In August 2023, Webbing was acquired by Wireless Logic Ltd for over $200 million. This acquisition signals a significant consolidation within the global IoT connectivity market, enhancing Wireless Logic's portfolio with Webbing's multi-IMSI technology and global roaming capabilities. For investors, this demonstrates the strategic value of robust, secure, and globally scalable data connectivity solutions in an increasingly interconnected world, validating Webbing's market position and technological prowess.

Company Intelligence Q&A

What is Webbing's primary focus?

Webbing specializes in providing global data connectivity solutions with high performance, network redundancy, and low latency for various applications including IoT, mission-critical operations, and remote workforce management.

When was Webbing acquired and by whom?

Webbing was acquired by Wireless Logic Ltd in August 2023 for over $200 million.

What industries does Webbing serve?

Webbing serves a wide range of industries, including medical devices, energy, and transportation, providing reliable and secure internet connections.

What are Webbing's key product offerings?

Webbing offers products such as WebbingCTRL and WebbingCNCT, which are central to its global data connectivity and IoT solutions.

What recognition did Webbing receive in 2016?

In June 2016, FierceWireless named Webbing to its 'Fierce 15' Annual List of Top Emerging Companies.